Australian business investment fell by more than expected last quarter as coronavirus lockdowns forced firms to delay purchases of equipment, but future spending plans were upgraded in a hopeful sign of recovery.
Also Telstra faces a $50 million fine for ripping off 108 indigenous consumers for mobile phone plans they didn't understand and couldn't afford.
Here's my analysis from The World Today
The consumer watchdog has revealed a massive spike in complaints against travel companies during the pandemic.
The ACCC has received 24,200 complaints so far this year about cancellation policies and travel businesses sometimes misleading consumers about their right to a refund.
National Australia Bank chief executive Ross McEwan has warned that communities should prepare for more natural disasters induced by climate change.
Mr McEwan is visiting recovering communities in regional Victoria and tells AM that climate change needs to be taken "much more seriously."
Here's my interview with Ross McEwan on this morning's edition of AM
A report by advisory firm PWC has found that spending on video-on-demand services has surged during the pandemic while traditional media has seen advertising revenue crushed.
Like most parts of the economy, Australia's media and entertainment sector has been hit hard by the pandemic as advertising revenue continues to sink.
PWC's annual media & entertainment outlook has found demand for streaming services for binge-watching of TV blockbusters, movies, sport has boomed.
But PWC partner Justin Papps tells ABC's Peter Ryan there are signs the spending surge could be hit when emergency measures like JobKeeper are tapered back in March.
Here's my regular Monday Finance report with Fran Kelly on ABC Radio National
I also spoke with Sabra Lane on AM
